A licensed and certified appraiser is qualified to provide an objective evaluation along with a detailed and comprehensive written report. Whether you are selling, buying, financing, or managing real estate in West Sacramento we can streamline the process and establish the fair market value of the property. Many can offer an opinion of value, including online services, but only a licensed and certified appraiser is required and qualified to provide a documented and unbiased evaluation. There are more than a few reasons to hire an appraiser, let me know how we can be of service.
What can a West Sacramento appraiser do for you? Our accredited professionals are available to assist you with:
Following the inspection at your location in the West Sacramento region, AVK Appraisal Services appraisers determine the market value of real estate and comply with the regulations set forth by the Uniform Standards of Professional Appraisal Practices. Interested in these standards written during the S&L crisis of the 1980-90s?
The home inspection includes all significant improvements. The appraisal report will contain:
The Appraisal Process
The appraisal process includes the research, compilation and analysis of all pertinent data as it relates to your specific requirements. AVK Appraisal Services provides several types of reports in standardized or narrative book form.
A list of all assets and defects are objectively analyzed and compiled in a detailed written report.
Includes the specifics of construction, property layout, number of rooms and specific features, equipment; improvements and renovations. Online permits are researched if available.
Neighborhood and Market Area
Comparable selection is based first on its market boundaries; which are rarely exact. An assessment is made on a property’s proximity to employment, services, facilities and amenities as they may (or may not) relate and affect its market value.
Public records are analyzed to confirm sales and make comparisons in the particular West Sacramento region. A range of public records and sources are used including zoning records, tax data, professional associations and other applicable publications.
Estimating the Market Value
In its most basic form, this approach is built on the premise that the market value of a property can be derived from comparable properties in the neighborhood and market area.
Since the market obviously relates to cost, this approach takes into account and analyzes market trends as defined by two specific elements: Land value plus improvements, minus depreciation.
Generally reserved for valuations of multi unit and commercial investment properties. An estimate of market value using the income capitalization approach relies on the perspective that the current and continued income of real estate is a measure of its value. Current or projected income of the subject is compared to similar properties using a gross rent multiplier - this is the common method for 2-4 unit investments. Projected income must be supported by market data.
AVK Appraisal Services provides complete appraisal services for:
- Single Family Residential
- Multi-Family (duplex to four units)
- New Construction
- Condo Values
- Lots & Acreage
- Private or "hard money" loans
- Highest & Best Use Analysis
Please call or email for more information on how we can meet your valuation needs.